AT&T is exploring a sale of its cybersecurity division, potentially undoing an acquisition it completed five years ago, Reuters’ Milana Vinn reports, citing people familiar with the matter. AT&T has been working with Barclays to solicit potential bids for its cybersecurity business, which was called Alienvault when it was acquired in 2018 in a roughly $600 million deal, the sources said. Reference Link
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on T:
- AT&T (NYSE:T) Mulls Sale of its Cybersecurity Unit
- Frontier Communications, AT&T enter wireless infrastructure deal
- Wells Fargo downgrades Dycom to Equal Weight, lowers price target to $88
- 3M appoints Anne Chow and Pedro Pizarro to Board of Directors
- VZ, T, or TMUS: Which 5G Stock is the Best Pick in 2023?
